Description
Investor Gem! Turnkey 4-unit (4-1BR studios) on 0.31 acres in red-hot Enderly Park — fully managed by PM, tenants pay every utility, and it’s never sat through an extended vacancy. In-place rents still trail the market, so the Property is a 4plex multifamily, not a SFH home as listed above. Upside is baked in and ready: lease renewals on two units just came in higher for the upcoming lease year. Units 1–3 were taken down to rehab two years ago and Unit 4 sits in original condition — an est. ~$10K refresh forces appreciation through higher rents and property value. Property has a large, unused walk in basement that could be permitted and converted to a 5th apartment. Private, exclusive parking lot — no shared drives, no neighbor friction. New construction is trading from the low $500Ks right around the block. Walkable to the West End boom on Tuckaseegee Rd: the 27-acre Savona Mill redevelopment (Savona Food Works food hall, 300+ apartments), the $80M Lower Tuck warehouse conversion, and Station West. 10 minute walk to Stewart Creek Greenway running straight to Uptown. Quick hits to Freedom Dr, Wilkinson Blvd, I-85 and I-77. Cash flows today, added appreciation tomorrow. Buy and hold or buy for a future build — your choice in the one neighborhood with unlimited momentum and growth!
Address
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Address: 2800 Carol Avenue
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City: Charlotte
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State/county: NC
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Zip/Postal Code: 28208
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Area: Summit View
Details
Updated on July 17, 2026 at 4:34 pm-
Property ID 4401707
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Price $550,000
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Property Size 1804 m²
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Year Built 1954
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Property Type Fourplex, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional
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Roof Architectural Shingle
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Sewer Public Sewer
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Cooling Central Air
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Heating Electric
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Flooring Laminate, Tile
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County Mecklenburg
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Property Type Residential Income
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Parking Parking Space(s)
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Elementary School Ashley Park
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Middle School Ashley Park
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High School West Charlotte
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Waterfront None
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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